Foreign Direct Investment in Bangladesh: Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted.
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh’s coffers and bring down the rates gradually since the country can’t provide such subsidies once it becomes a developing nation.
The flow of foreign direct investment (FDI) to Bangladesh declined 36 percent year-on-year in the third quarter of 2023 as the unstable exchange rate and political uncertainty spooked external investors’ confidence.
The new government urgently needs to establish the rule of law, end the energy crisis, attract foreign direct investments, and control inflation to restore macroeconomic stability, said speakers yesterday.